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home / news releases / PSR - New Home Sales Rise M/M But Signal Caution For Housing Market Going Forward

PSR - New Home Sales Rise M/M But Signal Caution For Housing Market Going Forward

Invesco Active U.S. Real Estate Fund
  • New home sales increased to a three-month annualized high of 923,000 in January.
  • At the same time, the pace remains below the recent high of 979,000 annualized set six months ago in July.
  • Note that in 2014, when mortgage rates rose by about 1%, permits never declined significantly YoY. But new home sales did.

For further details see:

New Home Sales Rise M/M, But Signal Caution For Housing Market Going Forward
Stock Information
Company Name: Invesco Active U.S. Real Estate Fund
Stock Symbol: PSR
Market: NYSE
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